Japan GDP finalized at -0.6% qoq in Q1, capital spending unexpectedly grew

<p>Japan GDP contraction was finalized at -0.6% qoq in Q1, better than earlier estimate of -0.9% qoq, marginally missed expectation of -0.5% qoq. In annualized term, GDP contracted -2.2%, revised up from -3.4%. The upward revision was largely thanks to capital expenditure, which rose 1.9% qoq, reversing from a preliminary -0.5% qoq decline. The data, […]</p>
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